Please find the most recent information by visiting the following link:
https://www.bizlatinhub.com/what-peru-tax-accounting/
Peru is classified by the World Bank as one of the world’s fastest-growing economies with an annual GDP growth rate of 3.9%. As business booms in the country and changes the way companies operate, accounting and tax frameworks evolve as well.
For the success of your Peruvian business endeavor, it is important to stay on top of the continued legal and fiscal changes and work with a local partner that can properly audit your business in Peru and/or correctly manage your payroll in the country, among other accounting services. Check out the presentation below made by Biz Latin Hub accountants and lawyers to learn the most pertinent accounting and tax information you need to successfully do business in Peru.
2. Current Fiscal Advantages in Peru
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Reduction of the
capital gains tax
from 30% to 5% for
nonresident owners
of property in Peru
Peru has signed 6
doublé tax treaties
with multiple
countries.
Private investment
promotion agency,
fostering investment
in infrastructure
From December
2018 the
temporary
exemption from
the capital gains
tax will be
extended.
Strong foreign
investment in
mining, finance,
industry and energy
sectors
3. www.bizlatinhub.com
Accounting & Tax Requirements in Peru
Value Added Tax
Rate
Corporate
Company Tax Rate
Dividend Tax Rate
Limited Liability
Company Tax Rate
Branch Tax Rate
18% 30%* 5% 35% 29.5%
Requirement to file
Monthly Taxes
Requirement to file
Annual Taxes
Reporting to what
Accounting Standard
Requirement to invoice
through the National Tax
Authority
Yes Yes IFRS Yes, SUNAT
Key Information: There is a financial transaction tax: 0.0005% of the amount if the transaction amount
4. www.bizlatinhub.com
Accounting
and Taxation
Services
Accounting
Accounts Payable, Accounts Receivables and Treasury
Reporting
Tax Planning and Declarations
Payroll Services
Audit Services
We keep your books and accounting registries in compliance with local laws
and regulations.
We provide complete and comprehensive support services for these key
areas.
We can adapt reports to your specific needs, in multiple currency formats
and complying with international and local accountancy standards
Planning and presentation of taxes before the local tax authorities
Calculation, presentation and payment
We provide bespoke, and tailored audit services to meet legal, financial
and compliance requirements
5. We Can Help!
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Biz Latin Hub is a market leader in helping local and
foreign companies to successfully do business in Latin
America and has multi-lingual services that are
Reliable, Tailored and Responsive
Commercial
Representation
Company
Formation
Immigration
Services
Accounting and
Taxation Services
Other
Services
Legal Services
7. More Resources on
Doing Business in Peru
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What are the
Peruvian Accounting
and Tax
Requirements?
How to Register a
Company in Peru: Peru
Incorporation Process
How to Set Up a
Company or
Corporation in
Peru – Lima Lawyer